Mongolia Military Expenditure

Military Expenditure in Mongolia decreased to 90.20 USD Million in 2017 from 96.40 USD Million in 2016. Military Expenditure in Mongolia averaged 61.34 USD Million from 1990 until 2017, reaching an all time high of 127 USD Million in 1990 and a record low of 31.50 USD Million in 1994.

Military Expenditure in Mongolia is expected to be 89.80 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Mongolia Military Expenditure is projected to trend around 90.40 USD Million in 2020, according to our econometric models.

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